The United States today granted 180-day waivers on Iran sanctions to
China, India, South Korea, Turkey, South Africa, Sri Lanka, Malaysia, Singapore
and Taiwan in exchange for those nations cutting purchases of Iranian oil.
Japan and other major buyers of Iranian oil had been granted “exceptions” in
September. (Reuters, 7 December)
“The United States and the international community remain committed to
maintaining pressure on the Iranian regime until it fully addresses concerns
about its nuclear program,” U.S. Secretary of State Hillary Clinton said in a
statement after granting exceptions.
Iran's oil exports have fallen 50 percent in the first 10 months of
the year in the face of U.S. and EU sanctions. The estimates show the exports
will hit a new low of 824,000 barrels per day in December.
Under the U.S. law, banks in countries that buy oil from Iran can be
cut off from the American financial system unless their purchases continuously
and significantly decline.
3 comments:
today comes the US senat and decide hard and crippling sanction on iran
tomorrow Extends the US government to iran oil customers
US politik made by idiots.
all tohse sanctions decision are only hot-air production, they can decide itr but can not enforce it.
Sanctions have no effect on the peaceful Iranian nuclear program
Anon 9:16 AM
You go and tell the Iranian people sanctions have no effect on Iran.The nuclear program is a millstone around the people necks,so it has an negative effect on the Iranian nation.
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